As part of AdventHealth’s exit from the skilled nursing market, and concurrent with its divestment of seven skilled nursing facilities in Florida, the not-for-profit health system also transitioned from its 222-bed SNF in Apopka, Florida. It was owned by the Florida Conference of Seventh-day Adventists and operated by AdventHealth Care Centers, a subsidiary of AdventHealth. The facility was originally built in 1970 adjacent to the Florida Living Retirement Community, near the Forest Lake Seventh-day Adventist Church. However, the physical plant was extensively renovated in 2019 and 2020, and received a new 52-bed subacute trach and vent unit with 29 dedicated resident rooms.
Blueprint Healthcare Real Estate Advisors’ Michael Segal and Ben Firestone sold the facility to New York-based Infinite Care, which also purchased the seven-SNF portfolio. Originally, Infinite Care was chosen to assume operations through a new lease agreement with the facility managed by Solaris Healthcare, its local subsidiary. However, ownership ultimately decided to sell the underlying real estate with the transaction closing and operations transitioning simultaneously under a separate, affiliated sale.
